Deposit Accounts

Business Account

  • Business ONLY account
  • No minimum balance is required
  • Open with $50 or more
  • Merchant processing available
  • Business Credit Cards available – OAC
  • Check protection line available – OAC

Savings & Certificates of Deposit

Money Market

  • Minimum balance of $1,000 is required to avoid monthly service charge of $10.00
  • Open with $1,000 or more
  • No interest is paid when under the $1,000 minimum balance
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Fees could reduce the earning on the account
  • Interest rate tier based on the account balance
  • Interest paid on current variable rate

Savings

  • Open with $25 or more
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Additional withdrawals are $.50 each
  • Interest paid on current variable rate

Premier Savings

  • Open with $20,000 or more
  • A depositor may make no more than six covered transfers or withdrawals per statement cycle
  • Additional withdrawals are $.50 each
  • Interest paid on current variable rate

Certificate of Deposit – CD

For the long-term saver, CDs pay a higher interest rate than our typical savings accounts when left untouched for a set period of time.

  • $1,000 minimum required at opening
  • Terms from 1 month to 5 years are available

 

Please call or visit your local Cache Valley Bank branch for rates.

A penalty may be imposed for early withdrawal.

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